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2022-03-31-accounts

Page
Report ofthe Trustees 1 to 8
Report ofthe Independent
Auditors		 9 to 11
Statement ofFinancial Activities
.-, —.BalanceSheet 1.3; .
Cash Flow Statement 14
Notes to the Cash Flow Statement 15
Notes to the Finaneial Statements 16 to 24
Detailed Stateme tofFinancial Activities 25 to 27

31.3.22 31.3.21
Unrestricted Restricted Total Total
funds funds funds funds
Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies 48,628 23,210 71,838 25,860
Charitable activities
Enhancing mental well-being' 697,985 697,985 474,986
Other trading activities 6,496 6,496
Investment income 7,823 7,823 21,625
Total 62,947 721,195 784,142 522,471
EXPENDITVlErON -, —.
Charitable activities
Enhanoing mental well-being 387,420 709,655 1,097,075 831,692
Net gains on investments 43,687 43,687 319,972
NET INCOME/(EXPENDITURE) (280,786) 11,540 (269,246) 10,751
RECONCILIATION OF FUNDS
Total funds brought forward 1,944,340 9999824 2,944rl64 2,933,413
TOTAL FUNDS CARRIED FORWARD 1,663,554 1,011,364 2,674,918 2,944i164

31.3.22 31.3.21
Unrestricted Restricted Total Total
funds funds funds funds
Notes
FIXEDASSETS
Tangible assets 13 7,968. 7,968 8,041
Investments 14 860,746 895,663 1,756,409 1,712,722
868,714 895,663 1,764,377 1,720,763
CURRENT ASSETS
Debtors 15 125,014 100,000, 225,014 189,572
Cash at bank and in hand 695,053 180,701 875,754 1,148,476
820,067 280,701 1,100,768 1,338,048
CREDITORS
Amounts
falling due within one year		 16 (25,227) (165,000) (190,227) (114,647)
NET CURRENT ASSETS 794,840 115,701 910,541 1,223,401
TOTAL ASSETSLESSCURRENT
LIABILITIES 1,663,554 1,011,364 2,674,918 2,944,164
NET ASSETS 1,663,554 1,011,364 2,674,918 2,944,164
FUNDS 18
Unrestricted
funds		 1,663,554 1,944,340
Restricted funds 1,011,364 999,824
TOTAL FUNDS 2,674,918 2,944,164
C 1H
II
forthe Year End
31.3.22 31.3.21
Notes
Cash tlows from operating activities
Cash generated
from operations		 1 (226,479) (333,709)
Tax paid (7,500) 3,981
Net cash used in operating activities (233,979) (329,728)
Cash flows from investing activities
Purchase oftangible
fixed assets
Purchase offixed asset investmdnts		 (2,879)
(43,687) '		 (3550)
Saleoffixed asset investments 253,102
Interest received
.		 105 1,081
Dividends
received		 7,718 20,544
, Net cash (used in)/provided by investing activities (38,743) 271,177
c
Change in cash and cash equivalents in
the reporting period (272,722) (58,551)
Cash and cash equivalents at the
beginning ofthe reporting period 1,148,476 1,207,027
Cash and cash equivalents at the end of
the reporting
period		 875,754 1,148i476

31.3.22 31.3.21
Net (expenditure)/income for'the reporting period (asper the
Statement ofFinancial Activities) (269,246) 10,751
Adjustments
for:
Depreciation
charges		 2,952 2,679
Gain on investments (43,687) (319,972)
'Interest received (105) (1,081)
Dividends
received		 (7,718) (20,544)
Revaluation ofFA investments 43,687
Increase
in debtors		 (27,942) (89,253)
Incre'ase in creditors 75,580 83,711
Net cash used in operations (226,479) (333,709)
ANALYSIS OF CHANGES IN NKT FUNDS
At 1.4.21 Cash flow At31.3.22
6
Net cash
Cash at bank and in hand 1,148,476 (272,722) 875,754
1,148,476 (272,722) 875,754
Total 1,148,476 (272,722) 875,754

Investment
income, donations		 Investment
income, donations		 and similar similar incoming incoming resources
Donated
services
are
included
in		 the Statement of Financial Activity, where the benefit to the charity is
reasonably
quantifiable,
measurable		 and material, as incoming resources and resources
expended.		 They are
valued at the amount that the Charity would have to pay to acquire them at the time ofthe donation.
DONATIONS
AND LEGACIES
31.3.22 31.3.21
Donations 64,338 29,841
Gift aid 7,500 (3,981 )
71,838 25,860
3i OTHER TRADING ACTIVITIES
31.3.22 31.3,21
Fundraising
income		 6,496
4. INVESTMENT INCOME
31.3.22 31.3.21
Other fixed asset invest - Fll 7,718 20,544
Deposit account interest 105 1,081
7,823 21,625
INCOME FROM CHARITABLE ACTIVITIES
Contracted
Services, Agreements &		 Consultancy 31.3.22 31.3.21
Partners 2 Birmingham
tk Solihug Health		 Foundation Trust 27,560 47,711
UCL - School ofPublic Health MH programme 103,331 60,153
-Oxford Health.NHS Trust-..i4i gamechange =-- . 53,946 56,854.—.
Black Thrive - developmental evaluation 62,416 82,992
Plymouth
Uni - Community		 Transformation Pilots 123,000 22,000
CL - CBM psychosis 13,664 10,375
Oxford Uni - UKRI networks 37,498 33,668
KCL - Keep Cool 27,518 9,282
CWPT - Ariadne 28,664 0
CYP work 43,442 0
Research Team Consultancy 75,369 0
Other 101,577 151,951
697,985 474,986

Grant
funding of
activities Support
Direct (see note costs (see
Costs 7) note 8) Totals
Enhancing mental well-being 671,839 38,304 386,932 1,097,075
GRANTS PAYABLE
31.3.22 31.3.21
Enhancing mental well-being 38,304 10,644
The total grants paid to institutions during the year was as follows:
31 322 .. . - 31J21
Sussex Partnership
NHS Trust		 9,045 4,769
UCL 3,623 5,797
City, University ofLondon 25,636
38,304 10,566
SUPPORT COSTS
Information
Management '.Finance technology
Enhancing mental well-being 221,664 41,241 5,874
Human Governance
resources Other costa Totals
Enhancing mental well-being 102,635 7,265 8,253 386,932
NET INCOME/(EXPENDITURE)
31.3.22 31.3.21
Auditors' remuneration 4,200 4,130
Auditors' remuneration for non audit work 1,292
Depreciation
- owned		 assets 2,952 2,679

STAFF COSTS
31.3.22 31.3.21
Wages and salaries 679,808 516,093
Social security costs 61,867 46,087
Other pension costs . .30,473 23,073
772,148 585,253
The average monthly
number ofemployees		 during the year was as follows:
31.3.22 31.3.21
Charitable
activities &support staff		 21 17
No employees
received emoluments		 in excess of$60,000.
COMPARATIVKS FORTHE STATEMENT OFFINANCIAL ACTIVITIES
Unrestricted Restricted Total
funds funds funds
INCOME AND ENDOWMENTS FROM
Donations
and legacies		 3,746 22,114 25,860
Charitable
activities
--Enhancing
mental well-being		 9,055 . = 465,931 -474,986-
Investment
income		 21,625 21,625
Total 34,426 488,045 522,471
EXPENDITURE ON
Charitable
activities
Enhancing
mental well-being		 211,610 620,082 831,692
Net gains on investments 319,972 319,972
NET INCOME/(EXPENDITURE) 142,788 (132,037) 10,751
Transfers
between
funds		 (136,747) 136,747
Net movement
in funds		 6,041 4,710 10,751
RECONCILIATION
OFFUNDS
Total funds brought forward 1,938,299 995,114 2,933,413
Page 19 continued. ..
12. COMPARATIVES FORTHE STATEMENT OF FINANCIAL ACTIVITIES COMPARATIVES FORTHE STATEMENT OF FINANCIAL ACTIVITIES - continued
Unrestricted Restricted Total
funds funds funds
8
TOTAL FUNDS CARRIED FORWARD 1,944,340 999,824 2,944,164
13. TANGIBLE FIXEDASSETS
Fixtures
'
and Computer
fittings equipment Totals
COST
At I April 2021 15,495 3,550 19,045
Additions 2,879 2,879
At 31March 2022 15,495 6,429 21,924
DEPRECIATION
At I April 2021 10,117 887 11,004
Charge for year 1,345 . 1,607 2,952
At 31March 2022 11,462 2,494 13,956
NET BOOK VALUE
At 31March 2022 4,033 3,935 7,968
At 31March 2021 5,378 2,663 8,041

~TVALUE Listed
investments
At
1 April 2021		 1,460,089
Disposats 0
Revaluation 296,320
At 31March 2022 1,756,409
NET BOOK VALUE
At 31March 2022 1,756,409
At 31March 2021 1,712,722

DEBTORS:A MOUNTS FALLING DUE WITHIN ONE YEAR
31.3,22 31.3.21
Trade debtors 192,824 173,416
Other debtors 16,156 16,156
Tax 7,500
Prepayments 8,534
225,014 189,572
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.22 31.3.21
Trade creditors 966 11,162
Social security and other taxes 16,622 13,616
Income intadvance: . 165,000 .85,739
Pensions payable 3,439
Accrued expenses 4,200 4,130
190,227 114,647

MOVEMENT IN FUN DS
Net
movement At
At 1.4.21 in funds 31.3.22
Unrestricted
funds
General
fund		 1,944,340 (280,786) 1,663,554
Restricted funds
Judi Meadows Memorial Fund -- .1.4,074.—. — 1.20=- - . - 14,194
The Peer Research Academy Fund 895,663 895,663
AMHRF (Alliance) 1,457 1,457
Words that carry on: Lindsay's Fund 88,630 (23,453 ) 65,177
Research Team Consultancy 24,353 24,353
School ofPublic Health Research 10,350 10,350
Black Thrive 100 100
CWPT - Ariadne 70 70
999,824 11,540 1,011,364
TOTAL FUNDS 2,944,164 (269,246) 2,674,918

Incoming Resources Gains and Movement
resources expended losses in funds
Unrestricted
funds
General fund 62,947 (387,420) 43,687 (280,786)
Restricted funds
Judi Meadows
Memorial
Fund		 120 120
Other commissions under contract 145,281 (145,281)
Partners2 27,560 (27,560)
Game change 53,946 (53,946)
Words that carry on: Lindsay's
.Researcl) Team Consultancy		 Fund 2,283
75,369.		 :, (25,736)
.(5),016)		 (23,453)
24,353 .
School ofPublic Health Research 111,331 (100,981) 10,350
Black Thrive 70,669 (70,569) 100
Community
Pilots		 123,250 (123,250)
CWPT - Ariadne 28,664 (28,594) 70
CYP Work 45,225 (45,225 )
UKRI Networks 37,497 (37,497)
721,195 (709,655) 11,540
TOTAL FUNDS 784,142 (1,097,075 ) 43,687 (269,246)
Comparatives
for		 movement in funds
Net Transfers
movement between At
At 1.4.20 in funds .funds 31.3.21
Unrestricted
funds
.General fund.-- 1,938,299- . 1.42,788 . (1-36,747) 1,944;340:.
Restricted funds
Judi Meadows Memorial Fund 14,074 14,074
Other commissions under contract (81,620) 81,620
Life Stories (2,605) 2,605
The Peer Research Academy Fund 896,586 (923) 895,663
Community
Navigator		 Study (loneliness) 3,000 (160) (2,840)
AMHRF (Alliance) 1,457 1,457
Words that carry on: Lindsay's Fund 71,527 17,103 88,630
Research Team Consultancy (63,832) 63,832
Virtual Reality Depression 8,470 (8,470)
995,114 (132,037) 136,747 999,824
TOTAL FUNDS 2,933,413 10,751 2,944,164

Incoming Resources Gains and Movement
resources expended losses in funds
Unrestricted
funds
General fund 34,426 (211,610) 319,972 142,788
Restricted funds
Other commissions under contract 309,426 (391,046) (81,620)
Life Stories (2,605) (2,605)
The Peer Research Academy Fund (923) (923)
Comrriunity
Navigator		 Study (loneliness) (160) (160)
Words that carry on: Lindsay's Fund 18,334 (1,231) 17,103
; .Research Team. Consultancy
Black Thrive		 $2,293
85,992		 (116,125}
(85,992)		 (63;832.).
Community
Pilots		 22,000 (22,000)
488,045 (620,082) (132,037)
TOTAL FUNDS 522,471 (831,692) 319,972 10,751
A current year 12 months and prior year 12 months combined position is as follows:
Net Transfers
movement between At
At 1.4.20 in funds funds 31.3.22
Unrestricted
funds
General fund 1,938,299 (137,998) (136,747) 1,663,554
Restricted
funds
Judi Meadows Memorial Fund 14,074 120 14,194
Other commissions under contract (81,620) 81,620
Lifegtories - (2,605).—~ 2;605
The Peer Research Academy Fund 896,586 (923) 895,663
Community
Navigator		 Study (loneliness) 3,000 (160) (2,840)
AMHRF (Alliance) 1,457 1,457
Words that carry on: Lindsay's Fund 71,527 (6,350) 65,177
Research Team Consultancy (39,479) 63,832 24,353
Virtual Reality Depression 8,470 (8,470)
School ofPublic Health Research 10,350 10,350
Black Thrive 100 100
CWPT - Ariadne 70 70
995,114 (120,497) 136,747 1,011,364
TOTAL FUNDS 2,933,413 (258,495) 2,674,918

Incoming Resources Gains and Movement
resources expended losses in funds
Unrestricted
funds
General
fund		 97,373 (599,030) 363,659 (137,998)
Restricted
funds
Judi Meadows Memorial
Fund		 120 120
Other commissions under contract 454,707 (536,327) (81,620)
Life Stories (2,605) (2,605)
The Peer Researoh Academy Fund (923) (923)
Community
Navigator		 Study (loneliness) -(360)-. —: (160)
Partners2 27,560 (27,560)
Game change 53,946 (53,946)
Words that carry on: Lindsay's Fund 20,617 (26,967) (6,350)
Research Team Consultancy 127,662 (167,141) (39,479)
Scbool ofPublic Health Research 111,331 (100,981) 10,350
Black Thrive 156,661 (156,561) 100
Community
Pilots		 145,250 (145,250)
CWPT - Ariadne 28,664 (28,594) 70
CYP Work 45,225 (45,225)
UKRI Networks 37,497 (37,497)
1,209,240 (1,329,737) (120,497)
TOTAL FUNDS 1,306,613 (1,928,767 ) 363,659 (258,495)

Detailed Statement ofFinancial ofFinancial A'c ivities
or t
Y
Ended		 1 ivtarch 2022
31.3.22 31.3.21
INCOME AND ENDOWMENTS
Donations
and legacies
Donations 64,338 29,841
Gilt aid 7,500 (3,981)
71,838 25,860
Other trading activities
Fundraising
income		 6,496
Investment
income
Other fixed asset invest - Fll 7,718 20,544
Deposit account interest 105 1,081
7,823 21,625
Charitable
activities
Incoming
resources		 from charitable funds 676,902 445,050
Consultancy 21,083 29,936
697,985 474,986
Total incoming
resources		 784,142 522,471
EXPENDITURE
Charitable
activities
Wages 406,392 401,264
Social security 46,105 39,631
Pensions 24,420 17,890
Telephone 973 911
Postage and stationery 115 1,139
Sundries 44,246 43,499
Conference-fees -=-- .90 466
DBScosts 404 314
Event catering 22 362
Computer
sottware,		 equipment &
NASSTAR/BlueCube 42,395 25,794
Consultancy
&,mentoring		 97,776 59,323
Marketing, recruitment &advertising 1,365 7,176
Travel &subsistence 3,616 4,816
Stafftraining 2,935 6,619
Licences 676
Other employment costs 985
Grants to institutions 38,304 10,566
Grants to individuals 78
710,143 620,524

'1 fFin fFin nci 1Acti ities
Y rE I rch 2022
31.3.22 31.3.21
Support costs
Management
Wages 177,721 74,639
Social security 10,245 (10,304)
Pensions 3,935 3,369
Advertising
&marketing		 2,592 44
Consultancy 24,561 8,897
Travel k.entertaining 1,642 1,086
Office furniture dr repairs 968 187
221,664 77,918
Finance
Wages
' Social security		 27,341
1,576		 11,483
646
.Pensionp . 6BS 51&
Bank charges I
Accountancy
fees		 4,000 5,720
Blackrock investinent fees 7,718 20,604
Fundraising
costs		 84
41,241 39,055
Information
technology
Computer
soihvare		 dc NASSTAR/BlueCube 5,287 3,888
BTConferencing 9
Fasthost domain fees 587 381
5,874 4,278
Human
resources
Wages 68,354 28,707
Social security
Pensions		 3,941
1,513		 16,114
' 1,296
Conference fees 297
Stafftraining 11,861 1,040
. SeAware licences- 912
DES costs 584
Recruitment 5,845 645
Consultancy 9,625
102,635 48,099
Other
Running
costs		 7,265 35,499
Governance
costs
Trustees' expenses dt training 51
Auditors'
remuneration		 4,200 4,130
Auditors'
remuneration		 for non audit work 1,292
Other governance costs 2,761 2,138
8,253 6,319
THE MCPIN F
DATION
Detailed Statement ofFinancial ctivitie
for the Year Ended 3
M
h 2022
31.3.22 31.3.21f
Total resources
exp'ended		 1,097,075 831,692
Net expenditure
before gains		 and losses (312,933) (309,221)
Realised recognised gains and losses
Realised gains/(losses)
on fixed		 asset investments 24,726
Net expenditure (312,933) (2$4,495)